Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Borsheim Jewelry Company 401(K) Savings Plan is a benefit plan reported by Borsheim Jewelry Company, Inc. under EIN 47-0546003 and plan number 001. The latest loaded filing year is 2023. The filing reports 230 participants and $18,169,871 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,169,871
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,169,871
- Net assets (BOY)
- $16,970,969
Income & contributions
- Employer contributions
- $469,654
- Participant contributions
- $885,861
- Total contributions
- $1,375,232
- Total income / additions
- $4,083,812
Expenses & distributions
- Benefits paid
- $2,863,098
- Administrative expenses
- $21,812
- Total expenses
- $2,884,910
- Net increase / (decrease)
- $1,198,902